SØR MOTOR AS

4817 HIS

Finances

Share Ownership

Return on Equity

202,06 %

Current Ratio

0,84

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	10 718 000	13 019 000	4 190 000
Net Income	−883 000	246 000	136 000
Total Assets	4 800 000	3 781 000	1 396 000
Total Equity	−437 000	337 000	236 000

Income (NOK)	2022	2021	2020
Revenue	10 718 000	13 019 000	4 190 000
Expenditure	11 409 000	12 633 000	3 982 000
Operating Profit	−691 000	386 000	209 000
Financial Income	0	0	0
Financial Costs	194 000	71 000	35 000
Financial Balance	−194 000	−71 000	−35 000
Earnings Before Tax	−885 000	315 000	174 000
Tax	−2 000	69 000	38 000
Net Income	−883 000	246 000	136 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	412 000	40 000	35 000
Total Current Assets	4 387 000	3 740 000	1 361 000
Total Assets	4 800 000	3 781 000	1 396 000
Total Retained Equity	−537 000	237 000	136 000
Total Equity	−437 000	337 000	236 000
Total Long-Term Debt	0	2 000	2 000
Total Current Debt	5 237 000	3 442 000	1 159 000
Total Equity and Debt	4 800 000	3 781 000	1 396 000

Cash flow (NOK)	2022	2021	2020
Sales Income	10 605 000	12 912 000	4 190 000
Other Income	113 000	107 000	0
Revenue	10 718 000	13 019 000	4 190 000
Cost of Goods Sold	9 010 000	11 085 000	3 836 000
Salary Costs	1 486 000	589 000	0
Depreciation	31 000	12 000	5 000
Impairment	0	0	0
Expenditure	11 409 000	12 633 000	3 982 000
Operating Profit	−691 000	386 000	209 000
Financial Income	0	0	0
Financial Costs	194 000	71 000	35 000
Financial Balance	−194 000	−71 000	−35 000
Dividends	0	0	0
Net Income	−883 000	246 000	136 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	334 000	0	0
Machinery and Plant Facilities	35 000	0	0
Fixtures	44 000	40 000	35 000
Total Tangible Assets	412 000	40 000	35 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	412 000	40 000	35 000
Stock	3 755 000	3 451 000	1 185 000
Total Investments	0	0	0
Cash, Bank	91 000	97 000	30 000
Total Current Assets	4 387 000	3 740 000	1 361 000
Total Assets	4 800 000	3 781 000	1 396 000
Total Equity	−437 000	337 000	236 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	2 000	2 000
Creditors	60 000	19 000	6 000
Unpaid Taxes	60 000	63 000	0
Dividends	0	0	0
Other Current Debt	1 904 000	1 866 000	37 000
Total Current Debt	5 237 000	3 442 000	1 159 000
Total Equity and Debt	4 800 000	3 781 000	1 396 000

Financial indicators	2022	2021	2020
Return on Equity	202,06 %	73 %	57,63 %
Debt-to-Equity Ratio	−0	0,01	0,01
Operating Profit Margin	−6,45 %	2,96 %	4,99 %
Current Ratio	0,84	1,09	1,17
Quick Ratio	2,96	−415,56	−52,35
Equity Ratio	−0,09	0,09	0,17
Gross Profit Margin	15,94 %	14,86 %	8,45 %